PoS: Bank Of The Common Man Under Threat

LAGOS MARCH 16TH (NEWSRANGERS)-THE decision of the federal government, through the Central Bank of Nigeria (CBN) to introduce the cashless policy in January, 2012, with Lagos serving as the pilot…

Subscribers Reject FG Approval Of 50% Telecom Tariff Hike, Threaten Court Action

LAGOS JANUARY 22ND (NEWSRANGERS)-Nigerians have vowed to drag the federal government to court over approval of a 50 percent increase in calls, data, and other telecommunication tariffs. In an instant…

Reps Order POS Operators To Stop Sale Of Naira Notes, Remove Excessive Charges

LAGOS DECEMBER 22ND (NEWSRANGERS)-The House of Representatives on Thursday warned the Point-of-Sales (POS) operators in the country to stop selling naira notes and remove excessive charges to customers nationwide immediately.…

Gunmen Break Into Nollywood Actor, Saka’s House With POS, Demand Transfer Of N20m

LAGOS AUGUST 10TH (NEWSRANGERS)-Another Nollywood actor has been a victim of the country’s increasing insecurity, which has reached such alarming levels that even our mansions and top stars are no…

How Police Arrest Pastor Who Allegedly Collect Ransom For Kidnappers

LAGOS JULY 25TH (NEWSRANGERS)-A 45-year-old pastor, Ndifreke Udo Amos, has been arrested by operatives of the FIB Intelligence Response Team (FIB-IRT) for allegedly helping a kidnap gang in the abduction…

Fraud: Customers Shun PoS, Return To Banks’ ATM, Other Channels

LAGOS JUNE 15TH (NEWSRANGERS)-The usual high patronage of Point of Sale (PoS) ser­vices in the country is in reverse trend as bank cus­tomers now resort to Au­tomated Teller Machines (ATM)…

Three Policemen In Trouble For Allegedly Extorting N153,000 From LASU Student

LAGOS APRIL 27TH (NEWSRANGERS)-The Police in Ogun State has arrested three of its mobile officers who reportedly extorted one Hezekiah Oluwaponmile, a student of the Lagos State University (LASU), of…

‘One-Chance’ Robbers Snatch N.5m From Abuja Female Trader

LAGOS JUNE 7TH (NEWSRANGERS)-For about two years, Chizoba Ede hawked snacks around Lugbe, Abuja to raise funds she invested in second-hand cloth trading. Considering her humble beginning, raising N60, 000…

Lagos CP Arrests Five Policemen In IGP’s Squad For Obtaining N700,000 Via PoS

LAGOS NOVEMBER 22ND (NEWSRANGERS)-The Lagos State Commissioner of Police, Hakeem Odumosu, has been commended for his prompt arrest of the five policemen, attached to the Inspector-General of Police Special Tactical…